Overview
What is Firm Foundations Romania?
Firm Foundations Romania is a nonprofit organization that offers daily care to abandoned babies, providing them with a nurturing environment. Additionally, the organization offers educational programs for children between the ages of 6 and 18, incorporating biblical teachings and homework assistance. Their mission is to support these children both spiritually and academically, aiming to instill values and promote learning in their formative years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (Score: 30%)
Firm Foundations Romania has received a very poor rating, indicating significant concerns regarding its accountability and financial practices. While the organization scored full points for having a majority of independent board members and a proper board size, it fell short in several critical areas such as transparency and governance policies. The lack of essential documents such as meeting minutes and a conflict of interest policy raises red flags for potential stakeholders.
The nonprofit's transparency issues are pronounced, with a failure to list its website on the tax form and not providing the tax form itself on its website. Additionally, the organization has a concerning liabilities to assets ratio of 0.00%, suggesting potential financial instability. Overall, these findings highlight a need for improvement in governance and financial transparency to build trust with donors and the community.
Despite some strengths in board composition, the overall performance of Firm Foundations Romania in critical accountability metrics is alarming and may deter potential support. Without addressing these shortcomings, the nonprofit may struggle to achieve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Firm Foundations Romania legitimate?
Firm Foundations Romania is a legitimate nonprofit organization registered as a 501(c)(3) entity. Firm Foundations Romania submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $152,224
Professional Fundraising Fees: $40,579
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Firm Foundations Romania?
Firm Foundations Romania, as an organization, is committed to providing daily care for babies who have been abandoned. In addition to this, they offer a bible teaching program and homework assistance to children between the ages of 6 and 18. Their mission is rooted in religion, aiming to educate and support the children in their care.
Who is the CEO of Firm Foundations Romania?
Sarah Berchtold is the CEO of Firm Foundations Romania The CEO's salary of Firm Foundations Romania is $58,520 and their total compensation is $117,040.
What is the revenue of Firm Foundations Romania?
Firm Foundations Romania's revenue in 2023 was $413,062.
Who are the executives of Firm Foundations Romania and what are their salaries?
The average compensation at Firm Foundations Romania during 2023 was $76,112. There are 2 employees and 25 volunteers at Firm Foundations Romania.
Here are 8 key members and their salaries (Firm Foundations Romania's CEO's salary is $58,520 and their total compensation is $117,040):
- Compensation: $58,520
- Related: $58,520
- Other: $0
- Compensation: $52,580
- Related: $52,580
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Firm Foundations Romania?
Firm Foundations Romania's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Firm Foundations Romania
Firm Foundations Romania, a religious nonprofit organization, is dedicated to providing daily care for babies who have been left without parents. Beyond this essential service, the organization also offers educational programs for children between the ages of 6 and 18. These programs include bible teaching sessions and assistance with homework, aiming to support their overall development.
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Impact
July, 2024
Firm Foundations Romania's impact can be seen in the lives of the babies left without parents who receive daily care and support from the organization. Additionally, children ages 6 to 18 benefit from the Bible teaching programs and homework assistance provided by Firm Foundations Romania. This combination of care, education, and support helps shape the lives of these vulnerable youth, giving them a sense of stability and guidance. Through their efforts, Firm Foundations Romania plays a crucial role in the development and well-being of the youth they serve, ultimately making a positive impact on the community.
This information is meant to be a general summary of Firm Foundations Romania. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $413,062
Assets and Liabilities:
- Total Assets: $1,227,431
- Total Liabilities: $20
- Net Assets: $1,227,411
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Organization Details
Founding Year
2010
Principal Officer
Sarah Berchtold
NTEE Category
Code: O50 - Youth development
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